Government Loans

FHA Loans

The Federal Housing Administration (FHA) insures a wide variety of first mortgages, including fixed rate and ARM products. Down payments are low and gift funds can be used for all costs.0ualifying ratios are generally liberal.

Mortgage insurance is required and the property being purchased must be owner-occupied.

VA Loans

The Department of Veteran's Affairs (VA) guarantees mortgage loans made to eligible veterans or reservists who are first-or second-time home buyers.

In most cases, no down payment is required. For the most part, VA-guaranteed loans are fixed rate products.

State Bond Loans

Funds for affordable home loans with flexible qualifying guidelines are offered periodically through various state bond programs.

My Mortgage specialist can help with information on any available programs in your area.

Find out about Conventional Loans